Caramel Sauce

Prep Time: 10 minutes Cooking Time: 15 minutes Total Time: 25 minutes Ingredients: 2 cups granulated sugar 1/2 cup water 1 can MILKMAID Sweetened Condensed 1/2 cup (1 stick) butter, softened, divided 2 teaspoons vanilla extract Directions: 1. COMBINE sugar and water in medium, heavy-duty saucepan; cook over medium-high heat, stirring occasionally, until mixture comes to a boil. Continue to boil, without stirring, for 10 to 14 minutes, tilting pan occasionally to keep color even until mixture turns a deep caramel color. Remove from heat. 2. STIR in condensed milk (mixture will foam up); do not scrape sides of pan. Add 1/4 cup (1/2 stick) butter, one tablespoon at a time, stirring well after each addition. 3.Stir in remaining butter and vanilla extract until smooth. Serve over ice cream or cake, if desired.